A c Situational management Which of the following pairs of nations are on

A c situational management which of the following

This preview shows page 16 - 18 out of 18 pages.

A: c. Situational management Which of the following pairs of nations are on opposite ends of the political freedom scale? A: d. Cuba and Sweden The various activities of HRM perform best when managers link them to the strategy of the firm. A: True A firm with operations in Denmark can most likely expect all of the following EXCEPT ________. A: a. minimal monetary policies __________ is a key factor in the cross-cultural effectiveness model presented in the e-text, a key independent variable over which firms, training consultants and expatrates have some control and which can have an immportant influence on outcomes.
Image of page 16
A: b. knowledge The particular element of the theory of national competitive advantage which separates the nation's resources into either basic or advanced categories is ________________. A: a. factor conditions For the world's most developed and economically wealthy nations, international trade in services tends to be more important than is the case for developing nations. A: True Scenario: RIP Rodents Inc. RIP Rodents Inc. is a manufacturing company that sells pest control products. Recently the company launched an innovative rat trap with an innovative design that has been doing well in the U.S. sales. Junior Vice President Don Wallace, recommended expanding overseas marketing in order to boost company earnings. Going over the fulfillment process, Don realizes that different customers select different types of shipping based on their particular preferences. Which of the following would most likely help Don provide better shipping service to his clients? A: c. offer customers a choice of delivery methods with different speeds and costs With the advent of absolute advantage, a main tenet of mercantilism is debunked. That mercantilist notion was that international trade was a _______________. A: a. zero-sum game In recent times trade between countries has been characterized by a considerable degree of isolationism. A: False Both early theories of absolute and comparative advantage held that efficiency gains would be the result of specialization in the production of a particular good. A: False According to the international product life cycle theory, once a product enters the maturing stage firms will begin to locate manufacturing facilities in nations with the highest levels of demand. A: True A consistent historical pattern in world trade is that the bulk of merchandise trade is in agricultural products since people everywhere always have to eat. A: False The major findings and implications of the phenomenon known as the Leontief Paradox were _______________.
Image of page 17
A: b. contrary to the predictions of the factor proportions theory Which of the early economic theorists proposed the theory of comparative advantage? A: b. David Ricardo The researcher credited with developing the international product life cycle theory was ________________. A: c. Raymond Vernon The standard of living of a country's inhabitants was the measure of that nation's wealth, according to the theory of absolute advantage. A: True
Image of page 18

You've reached the end of your free preview.

Want to read all 18 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes